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Here's why Osho Krishan recommends HDFC, L&T Technology Services

According to the technical analyst from Anand Rathi, both the stocks are placed well on a risk-reward ratio from a short to medium-term perspective

Markets, bulls, bears, stocks, trading, technicals, market technical, technical analysis
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Osho Krishan Mumbai
BUY HDFC LTD
TARGET: Rs 3,040
STOP LOSS: Rs 2,800

HDFC LTD has been trading with a positive bias at its lifetime high zone. On technical parameters, the stock is in a secular uptrend and is hovering above all its major exponential moving averages indicating inherent strength. On the oscillator front, MACD is placed well above the signal line post positive crossover affirming the bullish stance. From the risk-reward point of view, the stock is placed in a lucrative zone and could be seen gains from a short to medium-term perspective.

BUY L&T TECHNOLOGY SERVICES LTD (LTTS)
TARGET: